Monetization

Word of the Week
#EnvolveEDU

Monetization

/mä-​nə-​tə-​ˈzā-​shən  n.
 
The process of turning a non-revenue generating item into cash. The shortened term “monetize” (verb) has different meaning depending in the context. Monetization is essentially the final piece of a systematic look at a business model.
For-profit companies need to have a model that successfully generates revenue. A product- based reseller monetizes by selling goods at specific price points to customers.
A service provider similar charges prices for the provision of services.
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Founders Arena

The 2nd EnvolveXL Investors’ Day Live in Athens, Greece!
An evening full of startup pitching sessions, engaging discussions, and dynamic talks.

The 13 selected startups from the EnvolveXL acceleration program will present their ventures live on stage